At 12:58 on March 14th, Jiangnan Shipyard, a subsidiary of China State ShipbuildingCorporation, completed the system gas test and system inert of the worlds firstLPG dual-fuel VLGC built for Southwest Maritime. Thesea trial was highly evalu

Wilhelmsen and stensj each own 50% of Edda Wind. Anticipating long-term growth for the renewable energy sector, the company has placed an order for two additional Commissioning Service Operation Vessels (CSOV), bringing its fleet up to eigh

Malaysian energy giant Petronas has signed a memorandum of understanding with China National Offshore Oil Corporation (CNOOC) to collaborate on LNG and upstream projects. The collaboration is aimed towards energy security and cleaner energy

Norwegian-based Awind said it has ordered a pair of hybrid-electric commissioning, service and operations vessels (CSOV) from China Merchants Industry in Hong Kong, with options for up to four additional vessels. Awind, a subsidiary of Awil

Denmark joins three of the four largest shipping nations, Greece, Japan and Singapore to back proposal to meet UN call for urgency and ambition. Denmark home to, the worlds largest container shipping company, Maersk. Country seen as one of

C-Job Naval Architects, the global independent ship design and engineering company, announced today it is launching an in-house developed TSHD series.The trailing suction hopper dredger series promises to fill the gap between standard desig

Members who transport chemicals in the Yangtze River Basin should be aware that the Yangtze River Protection law (December 2020) bans the transportation of highly toxic chemicals and other dangerous chemicals by inland river in the Yangtze

The China Tianjin Bulk Freight Index (TBI), an indicator of northern Chinas international bulk freight rates, stood at 1149.27 points on Friday, down 0.44 percent compared with the previous working day. The statistical samples of TBI cover

On March 12, CIMC Raffles, Huadian Heavy Industries and Shanghai Boqiang held the signing ceremony of offshore wind power cooperation agreement in Beijing. Huadian Heavy Industries, CIMC Raffles, Boqiang and other companies have made full u

Chinas index of export container transport registered a dip in the past week ending Friday, according to the Shanghai Shipping Exchange. The average China Containerized Freight Index (CCFI) stood at 1,912.13, down 3 percent from a week earl

East Chinas Yantai Port entered its peak season for handling and distributing chemical fertilizers in March an important time for spring agriculture and the start to ploughing across China. A ship with 47,000 tons of imported potash fertili

India is in a unique position. The country will witness the largest increase in energy demand in the world over the next 20 years, with the potential for oil consumption to rise from 4 million b/d currently to 8.7 million b/d by 2040 accord

WanHaiLines approved the purchase of 9 13,000 TEU container ships with a total value of up to $1.035 billion. The new ships are expected to be delivered in 2023. It has not yet been confirmed which shipyard willbuild the new ship. This batc

China to pursue high-standard opening-up, improved performance in foreign trade and investment amid ongoing pandemic Countless containers await loading at the cargo terminal of Shekou Port in Shenzhen, Guangdong province, amid sustained glo

Despite low freight rates, very few crude oil tankers have been sent for demolition so far this year. The year 2021 has been tough on crude oil tanker freight rates across the board so far. Consequently, the industry buzz has been all about